Saturday, July 19, 2008

Many People Who Could Use Econ 101

This is admittedly picking the low-hanging fruit. Sue me.

Here is a facebook group that claims gas prices can be lowered substantially if everyone refuses to purchase gas from ExxonMobil. Not buy less overall, just buy it from different companies. 545,000+ people who need introductory economics.

Here is another group which supports a legislated price cap of 79.9 cents/litre. 131,000+ people, and the group is exclusively targeted at Canadians. These people really, really need introductory economics.